CAI Software Acquires Radley Corporation with Follow-on Funding from Main Street Capital

CAI Software Acquires Radley Corporation

December 23, 2020

Software

CAI Software, LLC has acquired Radley Corporation, a developer of electronic data interchange (EDI) and data collection software for manufacturers and distributors. Radley will operate as a subsidiary of CAI and will continue to maintain its sales, support and development operations; financial terms were not disclosed and the transaction closed on December 23, 2020.

Main Street Capital Provides $19.9M Follow-On Investment in CAI Software

June 16, 2020

Software

Main Street Capital Corporation completed a $19.9 million follow-on investment in CAI Software, LLC to support CAI’s acquisition of a complementary business in the supply chain and warehouse management systems industry. The financing (approximately $19.5 million of first-lien senior secured term debt and $0.4 million of equity) aims to expand CAI’s customer base and service offering in ERP, MES and WMS solutions.

Symphony Technology Group Makes Majority Investment in CAI Software

December 21, 2021

Software

Symphony Technology Group (STG) completed a majority investment recapitalization of CAI Software, LLC, a provider of ERP, MES and WMS software and related services. Main Street Capital Corporation exited its debt and equity investments as part of the recapitalization and realized a gain while receiving a minority equity stake in the acquirer.

Symphony Technology Group Acquires Majority Stake in CAI Software

December 13, 2021

Software

Symphony Technology Group (STG) has made a majority investment in CAI Software, a Rhode Island–based provider of ERP, MES, WMS, EDI and production-oriented software for manufacturing and distribution. STG said the investment will accelerate CAI's product innovation and growth through organic investments and M&A while partnering with CAI's existing owners and management team.

CI Financial Acquires Radnor Financial Advisors

June 28, 2021

Financial Services

CI Financial Corp. agreed to acquire Radnor Financial Advisors, a Wayne, Pennsylvania-based RIA with approximately US$2.6 billion in assets under management, expanding CI's U.S. wealth-management platform and Mid-Atlantic presence. Emigrant Partners/Fiduciary Network sold its minority interest; financial terms were not disclosed and the deal required customary regulatory approvals.

Mainstreet Acquires Capbase

October 1, 2025

Cloud & SaaS

Mainstreet has acquired Capbase, a platform for entity formation, cap table management, and corporate governance, to integrate those capabilities into Mainstreet’s small-business operating system. The deal expands Mainstreet’s product suite for founders and early-stage companies and establishes a preferred-partner relationship with Deel for hiring and compliance.